UBS: Greece has to write down 100% of its debt

Note: This section contains information in English only.
Source: Dukascopy
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Stephane Deo, head of European economic research at UBS, believes that Greece would be required to introduce a 100% haircut in order to make its debt manageable. The expert added that the only possible solution to tackle debt woes is to involve a larger share of the private sector.

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